abrdn Emerging Markets Dividend Active ETF (NASDAQ: AGEM)

Ultime notizie per abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM)

Technology

Financial Services

Other

Consumer Cyclical

Communication Services

Industrials

Consumer Defensive

Energy

Basic Materials

Healthcare

Real Estate

Utilities

The Fund will invest primarily in common stocks but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts.

Taiwan Semiconductor Mfg Ltd Sponsored Ads

Tencent Holdings Ltd

Hdfc Bank, Ltd. - ADR

Ishares MSCI India ETF

Hdfc Bank Adr

Alibaba Group Holding Ltd .

abrdn Emerging Markets Dividend Active ETF

Emerging Global Advisors, the company behind the EGShares ETF brand, said it will close 12 of its ETFs that have not gained traction with investors.

	"EGA provides investors with tools that address developing markets allocation needs," said Robert Holderith, founder of EGA, <a href="http://www.dailyfinance.com/2013/09/05/emerging-global-advisors-announces-fund-closures/">in a statement</a>. "As part of this ongoing commitment and our regular product line review, we identified an opportunity to streamline our existing offering. These changes are consistent with our dedication to delivering tools that fulfill unmet investor needs."

	New York-based EGShares focuses exclusively on emerging markets ETFs and in the case of some of the funds being shuttered, the firm was first to market when the funds debuted. The 12 funds EGShares is closing are as follows: The EGShares GEMS Composite (NYSE: <a class="ticker" href="/stock/agem#NYSE">AGEM</a>), EGShares Financials GEMS (NYSE: <a class="ticker" href="/stock/fgem#NYSE">FGEM</a>), EGShares Consumer Goods GEMS (NYSE: <a class="ticker" href="/stock/ggem#NYSE">GGEM</a>), EGShares Health Care GEMS (NYSE: <a class="ticker" href="/stock/hgem#NYSE">HGEM</a>), EGShares Industrials GEMS (NYSE: <a class="ticker" href="/stock/igem#NYSE">IGEM</a>), EGShares Basic Materials GEMS (NYSE: <a class="ticker" href="/stock/lgem#NYSE">LGEM</a>) and the EGShares Energy GEMS (NYSE: <a class="ticker" href="/stock/ogem#NYSE">OGEM</a>).

	Trading in the funds will cease after October 4, according to the statement. The firm is also closing the EGShares Technology GEMS (NYSE: <a class="ticker" href="/stock/qgem#NYSE">QGEM</a>), EGShares Telecom GEMS (NYSE: <a class="ticker" href="/stock/tgem#NYSE">TGEM</a>), EGShares Utilities GEMS (NYSE: <a class="ticker" href="/stock/ugem#NYSE">UGEM</a>), EGShares Consumer Services GEMS (NYSE: <a class="ticker" href="/stock/vgem#NYSE">VGEM</a>) and the EGShares Emerging Markets Metals &amp; Mining ETF (NYSE: <a class="ticker" href="/stock/emt#NYSE">EMT</a>).

	EGShares said the 12 ETFs being closed represent just four percent of its total assets under management. Although investors have been pulling cash from emerging markets ETFs this year, EGShares said its ETFs have gathered more than $400 million of net assets this year. The EGShares Emerging Markets Consumer ETF (NYSE: <a class="ticker" href="/stock/econ#NYSE">ECON</a>) has been one of the leaders in terms of inflows to emerging markets ETFs this year.

	Related: <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/09/3886878/some-em-etfs-were-pretty-good-in-august">Some ETFs Were Pretty Good In August</a>.

	EGShares <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/08/3840238/another-new-etf-for-em-dividend-investors">has also recently introduced two new dividend ETFs</a>, the EGShares Emerging Markets Dividend Growth ETF (NYSE: <a class="ticker" href="/stock/emdg#NYSE">EMDG</a>) and EGShares EM Dividend High Income (NYSE: <a class="ticker" href="/stock/emhd#NYSE">EMHD</a>).

	For more on ETFs, click <a href="http://www.benzinga.com/etfs">here</a>.

News

Emerging Markets

Emerging Market ETFs

Intraday Update

Markets

ETFs

AGEM

Emerging Global Shares Dow Jones Emerging Marketsnsumer Titan Index Fund

ECON

EMDG

EMHD

Emerging Global Shares Dow Jones Emerging Markets Metals & Mining Titans Index Fund

FGEM

GGEM

HGEM

IGEM

LGEM

OGEM

QGEM

TGEM

UGEM

VGEM

EGShares To Liquidate 12 Of Its ETFs

Big Winners (Up at least 5%): WisdomTree India Earnings ETF (NYSE: <a class="ticker" href="/stock/epi#NYSE">EPI</a>), PowerShares India Portfolio (NYSE: <a class="ticker" href="/stock/pin#NYSE">PIN</a>), iPath MSCI India ETN (NYSE: <a class="ticker" href="/stock/inp#NYSE">INP</a>), Direxion Daily India Bull 3X Shares (NYSE: <a class="ticker" href="/stock/indl#NYSE">INDL</a>) and the Direxion Daily Semiconductor Bull 3X Shares (NYSE: <a class="ticker" href="/stock/soxl#NYSE">SOXL</a>).

	Big Losers (Down at least 5%): ProShares Ultra Silver (NYSE: <a class="ticker" href="/stock/agq#NYSE">AGQ</a>), ProShares UltraShort Semiconductors (NYSE: <a class="ticker" href="/stock/ssg#NYSE">SSG</a>) and the Direxion Daily Semiconductor Bear 3X Shares (NYSE: <a class="ticker" href="/stock/soxs#NYSE">SOXS</a>).

	Unusual Volume (All over 5X ADV): WisdomTree Global ex-US Utilities ETF (NYSE: <a class="ticker" href="/stock/dbu#NYSE">DBU</a>), EGShares GEMS Composite ETF (NYSE: <a class="ticker" href="/stock/agem#NYSE">AGEM</a>), Global X China Energy ETF (NYSE: <a class="ticker" href="/stock/chie#NYSE">CHIE</a>), SPDR Morgan Stanley Technology ETF (NYSE: <a class="ticker" href="/stock/mtk#NYSE">MTK</a>) and the PowerShares NASDAQ Internet Portfolio (NASDAQ: <a class="ticker" href="/stock/pnqi#NASDAQ">PNQI</a>).

	Must reads of the day:

	August was not a total wash for <a href="http://www.benzinga.com/trading-ideas/long-ideas/13/09/3886878/some-em-etfs-were-pretty-good-in-august">emerging markets ETFs</a>.

	Read this from Barron's if <a href="http://blogs.barrons.com/focusonfunds/2013/09/04/gold-cheer-on-the-rise-but-wait-out-the-etf-inflows/?mod=BOLBlog">you're a goldbug</a>.

	More on the bond fund rout. It is <a href="http://www.bloomberg.com/news/2013-09-04/pimco-total-return-fund-lost-14-of-assets-in-four-months.html">getting really nasty</a> for some all-star managers.

	Central Bank Recap:

	<a href="http://www.bloomberg.com/news/2013-09-04/head-and-shoulders-favors-aussie-bofa-says-technical-analysis.html">Aussie dollar</a>.

	<a href="http://www.bloomberg.com/news/2013-09-04/canadian-dollar-remains-higher-after-central-bank-rate-decision.html">Canadian Dollar</a>.

	Bank of England and <a href="http://www.etftrends.com/2013/09/central-bank-bonanza-could-impact-japan-u-k-etfs/">Bank of Japan preview</a>.

	Emerging markets view courtesy of <a href="http://www.blackrockblog.com/2013/09/03/4-signposts-watch-emerging-markets-turnaround/">the BlackRock blog</a>.

	To have ETF-related content featured in Benzinga's Mandatory ETF Reading, please contact me on Twitter <a href="https://twitter.com/ETFProfessor1">@ETFProfessor1</a>.

Comments

abrdn Emerging Markets Dividend Active ETF

Notizie

Ultime notizie per abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM)

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO